iPad mini Shipments Expected To Slump As Much As 30% in Q2 2013 With Anticipation Of Retina Replacement

Digitimes’ Siu Han and Alex Wolfgram report that their sources in the iPad mini supply chain expect a 20-30% decline in shipments for the device during the second quarter of 2013 due to lacking demand in the market.

SIu and Wolfgram say declining demand is attributed by the anonymous sources to consumers waiting for the release of the next generation iPad mini, noting that Apple recently adjusted its reserves for the current iPad mini to an estimated 10-12 million during the quarter – down from approximately 15 million in the first quarter of the year., and Apple’s main supplier of iPad and iPad mini panels LG Display expecting combined panel shipments for the two devices to be in the ballpark of 3.5 million units in April 2013, down from five million units in the previous month, and that combined shipments are expected to further drop to three million units in May and June, although Apple still hopes to ship 55 million iPad minis in 2013.